15.
Other things being equal, which of the following will increase aggregate demand?
Group of answer choices
exports rising and imports falling
exports falling and imports rising
exports falling faster than imports
exports rising faster than imports
16.
Other things being the same, which of the following would cause the aggregate demand curve to shift to the left?
Group of answer choices
lower personal taxes
a rise in consumer confidence
reduced stock market wealth
an increase in transfer payments
18.
Other things being equal, what would happen to aggregate demand if the federal government decreased military purchases and state and local governments increased their road building budgets at the same time?
Group of answer choices
aggregate demand (AD) would increase, because only federal government purchases affect AD.
aggregate demand (AD) would decrease, because only state and local government purchases affect AD.
aggregate demand (AD) would increase if the change in federal purchases were smaller than the change in state and local purchases.
aggregate demand (AD) would decrease if the change in federal purchases was smaller than the change in state and local purchases.
19.
Other things being the same, which of the following would cause the aggregate demand curve to shift to the right?
Group of answer choices
a decrease in government purchases of goods and services.
a higher domestic price level, relative to price levels in other countries
a lower interest rate
a decrease in consumer confidence
23.
Demand refers to
Group of answer choices
how much of a good people are willing and able to buy at a particular price.
the different quantities of a good people are willing and able to buy at different prices.
the different quantities of a good people are willing and able to buy at a particular price.
how much of a good people are willing to buy at different prices.
none of the above
15.Other things being equal, exports rising and imports falling will increase aggregate demand. This is because AD has a component of net exports = exports - imports, if exports are rising and imports are falling, then NX rises and this raises AD
16. Other things being the same, reduced stock market wealth would cause the aggregate demand curve to shift to the left because this will cause consumption to decline. As a result aggregate demand decreases and AD shifts left
18. aggregate demand (AD) would increase if the change in federal purchases were smaller than the change in state and local purchases.
19. a lower interest rate
23. the different quantities of a good people are willing and able to buy at different prices.
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